For my own edification. Is this off topic as a re
Post# of 7775
Goodspeed65 Thursday, 01/29/15 01:39:47 PM
Re: I-Glow post# 214688
Post # of 214939
I would like to take a crack at debunking this tired old theory of GRCU, "throwing things against the wall that will pump the stock." This stale theory holds no water as nowhere have we seen a sustained increase in the PPS over the past several weeks to months that can justify a "pump" by the company. Hardly a recipe for a pump and dump where insiders are buying up shares to dump them on the subsequent surges in PPS. This simply hasn't happened.
Instead we had a reheated sector in early January and GRCU headed back to a penny with no promotions, no news and no other word from the company. The the unthinkable happened and Calkin was released. As if he did anything spectacular for GRCU except promote Converde on his FB page (what a laugh riot that turned out to be). This inevitably caused the Calkin effect sell-off back to the 5s. Hardly the criteria and evidence needed to think the company was trying to "pump" the PPS.
Let me move to Rico Suave briefly. It has been opined that Rico is CBD pills part II and that 14,400 units hardly qualifies as a large stockpile of merchandise. Perhaps a quick sell-out and out of stock condition like the pills? What remains to be seen is what type of plans the company has in store for distribution and production of additional supply. This is something I do not think they will be sharing with any of us anytime soon. Nor are we necessarily entitled to that information. Hardly a red flag to think they will run with the money as the PPS has reacted minimally to this point. I'm still searching for the elusive pump.
For new investors, let's take a more in-depth look at what type of business arrangements may need to be made in order to bring Rico Suave to market and how we can coorelate that to the oft opined share selling scheme.
GRCU first established the mark Rico Suave and posted for objection in the Gazzette. If anything, this cost them time and effort and perhaps a fee or two. In the interim they shared a few press releases about the imminent arrival of their energy drink. Mind you, this did zero for the PPS, and can hardly be atrributed to a "pump."
GRCU then made a few minor upgrades to their website, with no need to share that with the OTC market and further prepared for the launch.
We then get the long-anticipated image of the Rico can. Nice. Stylish. Sleek and a cute little countdown clock to go along with it. Plenty of preliminary glitz, time and effort to sell a couple of cans. I'm wondering, how much it would cost Green Cures management to have those 14.4K units produced? I'd imagine there'd be some costs associated with it? Creating the image, finding a vendor/producer to create the image, bottling and production costs. Seems like a bit of time and energy may have gone into the business aspect of bringing this to market. All to sell a couple of cans? Send the PPS 2/10th north so Cruz and company can do what? Buy and dilute? A tired, stale theory at best.
We need to move on the the 21mm restricted shares that were SURE to be diluted into the market. There was an immediate opinion that Cruz would have the TA change the register on the shares and Cruz would dump them. At this point, he'd practically lose money. Didn't happen anyway, did it? Hardly a recipe for a share selling scheme and stock pump.
The the statements that SEC complaints were being filed. Documents collected. Bold, chest-thumping statements that GRCU would be shut down, the experts were on the case. Has anyone produced any evidence yet of those SEC complaints, backed by solid evidence that GRCU is ANYTHING but a company that is trying to become successful in a fairly seedy OTC? I haven't seen those bold statements hold any water. More of an illusion than anything else and I'm STILL holding my breath. I've actually seen a post from you just recently saying you know nothing of any SEC complaints being filed against GRCU as of yet, however I believe you were one in the same who was making the claims that you'd be filing complaints, LOL.
Tired old theories, and stale statements about a company that is simply beginning to find its way in a new sector.
Hopefully new investors use their own common sense and think about the time, effort and financial outlay that goes into starting up a business and looks through some of the projected illusion of failure before writing off Green Cures.
Tired theories that hold no water.